Ok i will take that on board there are exclusions to everything. But if the share price was at $3 or what ever and it started to fall a stop loss would save a lot of pain. Usually but not always a tight stop will help you out. I have saved thousands of dollars with a tight stop. A company blow out can not always be avoided this is true. But if people have all their funds in one stock believing it is the messiah then they are setting themselves up for heartache. All in my opinion... and yes i have lost a lot in the market so i don't think i am better than the next person.
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